Using a Prepaid Card on Zelle
Using a prepaid card on Zelle is a great way to conveniently transfer money to family and friends. It is a relatively easy process, however there are a few things you should double check before sending your funds. This article will help you understand how to use prepaid cards on Zelle and what you need to know before getting started.
What is a Prepaid Card?
A prepaid card is a type of debit card that is preloaded with money for a specific purpose. You can typically use prepaid cards anywhere traditional debit and credit cards are accepted. Unlike traditional credit and debit cards, prepaid cards are not connected to a bank account, so you are only able to spend the amount of money that is preloaded on the card.
Using a Prepaid Card on Zelle
It is possible to use a prepaid card on Zelle, however, you must meet a few criteria:
- Your prepaid card must be issued by a registered bank or credit union. Not all prepaid cards are eligible for use on Zelle.
- You must make sure that your prepaid card is a U.S. issued Visa© or Mastercard© Prepaid Card. American Express, Discover and other prepaid cards are not compatible with Zelle.
- You must have either your prepaid card information or the verification code that was sent to your email or phone number on hand. This will allow you to securely verify your prepaid card and complete your transaction.
Once you’ve verified that you meet the criteria listed above, you are ready to send money using your prepaid card on Zelle. All you need is the recipient’s email address or mobile phone number and they’ll instantly receive your funds. It’s fast, secure and easy to use.
Conclusion
Using a prepaid card on Zelle is a great way to quickly and conveniently send money to friends or family. However, it is important to make sure that your prepaid card is eligible for use on Zelle before sending your money. Once you’ve verified your card and recipient, you’re ready to send money in just a few clicks.